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Nov 6, 2012
11/12
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they can be the deciding factor along with the i-4 corridor. this middle part of the state could decide who becomes the victor here in florida. the polls close at 7 eastern on the eastern part of the state. and at that time i will be back with the latest. back to you. >> did you sell them on the pub idea? if you go to florida to cover the election you have to go to a pub. was that your idea? >> reporter: my idea was the sticker idea because i have a whole sheet of them and i am going to put them all over me at the end of the night. >> she is going to disney world tomorrow. >> you are setting yourself up perfectly. thanks. have a fun and don't start slurring. too close to the action. >>> iowa is another closely contested state. the latest polls show president obama with a slight lead over mitt romney. joining us live is iowa governor terry branstad. thanks for joining us. it is great because in the last couple of elections before 2008 it was so close. bush won by less than a percentage point. the first bush election gore won by .3 point. but the
they can be the deciding factor along with the i-4 corridor. this middle part of the state could decide who becomes the victor here in florida. the polls close at 7 eastern on the eastern part of the state. and at that time i will be back with the latest. back to you. >> did you sell them on the pub idea? if you go to florida to cover the election you have to go to a pub. was that your idea? >> reporter: my idea was the sticker idea because i have a whole sheet of them and i am...
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Nov 5, 2012
11/12
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early closes today at 4:30 p.m. helping displaced residents by helping them mail in ballots or voting via e-mail or fax, thanks to a new order by governor chris christie that disqualifies displaced residents as overseas voters. even so, voters face many difficulties this election season. first, voting by e-mail or fax not possible for the 20% of the state still without power and cell phone service. additionally, more gas, a scarce commodity right now, is required to get to polling stations that have been moved farther away. while national voter turnout rates remain very low, it appears the post-sandy resilience may spur turnout in new jersey. a poll on newjersey.com showed 88% of respondents say they don't care what they've been through, voting is still a privilege. back to you. >> thank you so much. if anybody thinks the markets will have clarity on wednesday morning, think again. take a look at the up to the minute polls and what they're indicating. a very close race with recounts inevidencible. then the storm fac
early closes today at 4:30 p.m. helping displaced residents by helping them mail in ballots or voting via e-mail or fax, thanks to a new order by governor chris christie that disqualifies displaced residents as overseas voters. even so, voters face many difficulties this election season. first, voting by e-mail or fax not possible for the 20% of the state still without power and cell phone service. additionally, more gas, a scarce commodity right now, is required to get to polling stations that...
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Nov 23, 2012
11/12
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he's 22. i want to point that out. >> we'll consider him the leading edge. >> thank you for joining us. thank you. everybody else, enjoy the rest of your weekend. we'll see you back here on monday. "squawk on the street" begins right now. ♪ have a holly jolly christmas it's the best time of the year ♪ ♪ i don't know if there will be snow but have a cup of cheer ♪ ♪ have a holly jolly christmas ♪ and when you walk down the street ♪ >> bargain hunters starting to hit the malls across the country rushing to get in and get a jump on the holiday shopping season. will it be the strong start retailers are counting on? welcome to "squawk on the street" this day after thanksgiving. hope you had a great holiday. i'm melissa lee along with brian sullivan a sulliv sullivan. let's look at how we're up for this abbreviated session. this is historical tendency in terms of the period between thanksgiving and december 3rd. most of the time we are higher in the markets and we're seeing that play o
he's 22. i want to point that out. >> we'll consider him the leading edge. >> thank you for joining us. thank you. everybody else, enjoy the rest of your weekend. we'll see you back here on monday. "squawk on the street" begins right now. ♪ have a holly jolly christmas it's the best time of the year ♪ ♪ i don't know if there will be snow but have a cup of cheer ♪ ♪ have a holly jolly christmas ♪ and when you walk down the street ♪ >> bargain hunters...
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Nov 6, 2012
11/12
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look at the crb index. if you know that the crb index topped out july 4, 2008 at $474. the rind index if we have the next chart tapped out april 25. the rind index leads by ten weeks. you had the rind index bottom out ten weeks before the crb. look at where we are now. very important data. if you look at where we are now, we have essentially gone down to the low down to 650. what is this telling you? the bias of the commodity products that are not optionable are concerned about an economy going into recession or dramatic slow down. this may be a double bottom. if you want to pay attention to one thing there was an unbelievable indicator in 2008 for market direction for six months after the election. this is the one thing you want to pay attention to. do we double bottom here or break down? if we break down it will signal two things. economy, recession. and/or more q.e. can you go from qe infinity? what would be -- >> google plex qe. >> for the rest of the time before the planet blows up. >> yeah. >> again, smart people pay attention to smart stuff like this. i didn't fo
look at the crb index. if you know that the crb index topped out july 4, 2008 at $474. the rind index if we have the next chart tapped out april 25. the rind index leads by ten weeks. you had the rind index bottom out ten weeks before the crb. look at where we are now. very important data. if you look at where we are now, we have essentially gone down to the low down to 650. what is this telling you? the bias of the commodity products that are not optionable are concerned about an economy going...
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Nov 30, 2012
11/12
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the assets that we're looking at right now are really -- those stocks that are yielding between 4% and 5%. we're looking for stocks that are growing at a high dividend growth rate as well. >> let me bring in our friend gordon, one of the traders on the floor of the new york stock exchange. explain to us the rebalancie ii that's going to occur at the end of trade and the impact that could have. also, do you think that's why we're not seeing much volatility today as everybody gets ready for what's happening on the close today? >> i think it's a couple of things, bill. i think that's part of it, certainly. we've had muted volume, muted volatility going into the end of the day. we're already seeing the imbalances are sizing up to be sizable. so it's going to be a big event, big trading event, big liquidity event down here on the floor on the close. but really, let's face t everybody is still looking at the fiscal cliff issue. every time a politician -- they're like actors. every press conference is like a theater. i can tell you this, though. the stocks that have been declaring special div
the assets that we're looking at right now are really -- those stocks that are yielding between 4% and 5%. we're looking for stocks that are growing at a high dividend growth rate as well. >> let me bring in our friend gordon, one of the traders on the floor of the new york stock exchange. explain to us the rebalancie ii that's going to occur at the end of trade and the impact that could have. also, do you think that's why we're not seeing much volatility today as everybody gets ready for...
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Nov 28, 2012
11/12
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we'd probably be at 17.5%, 22%. >> yeah, 3% would allow a bigger spread between revenue and expenditures as a percentage of gdp. >> just where we are, with the current tax rate and current funding the entitlements we have now, we'd almost be there. >> but 3% growth. if you think about it, 3% growth with 1% population growth, that means a 40% change upward in one generation in 20 years to the standard of living. that's a pretty lofty goal. we've hit it sometimes in the past. but even at 2% growth, with 1% growth in population, the next generation lives 20% per capita better than the present generation, which is pretty remarkable. and what i suggest will work even with 2% growth, obviously the more growth you get, you know, the easier the problems become. the more your income grows, the fewer problems you'll have in your family, joe. >> well, still won't have a jet car. >> well, we can arrange that. >> oh, yeah, you always say that and i get a brick. thanks for the brick. becky wants me to thank you for the brick. >> you're the only person i've sent a brick to. >> what am i supposed to do
we'd probably be at 17.5%, 22%. >> yeah, 3% would allow a bigger spread between revenue and expenditures as a percentage of gdp. >> just where we are, with the current tax rate and current funding the entitlements we have now, we'd almost be there. >> but 3% growth. if you think about it, 3% growth with 1% population growth, that means a 40% change upward in one generation in 20 years to the standard of living. that's a pretty lofty goal. we've hit it sometimes in the past....
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Nov 7, 2012
11/12
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the mood was certainly different over at romney headquarters in boston as romney gave his concession speech to supporters. despite rumors, romney accepted defeat, reminding the country that it must remain unified. >> the nation, as you know, is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. our leaders have to reach across the aisle to do the people's work. >> joining us now is danielle leigh from romney headquarters in boston, where i imagine you've been up all night. it looks pretty empty behind you. were people pretty quick to file out once the results were in? >> kelly, it was a pretty quick emptying out of this ballroom just about as soon as mitt romney finished his speech, people began leaving. all of that excitement that we had seen earlier in the evening completely fizzled out as the life was really sucked out of this party and people filed out in quiet disappointment. you heard mitt romney speaking about what needs to happen moving forward and leaders really working together that. is something that supporters here say they
the mood was certainly different over at romney headquarters in boston as romney gave his concession speech to supporters. despite rumors, romney accepted defeat, reminding the country that it must remain unified. >> the nation, as you know, is at a critical point. at a time like this, we can't risk partisan bickering and political posturing. our leaders have to reach across the aisle to do the people's work. >> joining us now is danielle leigh from romney headquarters in boston,...
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Nov 7, 2012
11/12
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elsewhere across town in boston, at the boston gardens, there's a romney war room still in operation, making calls to presumably places where the polls have not closed. i'm sure a lot of phone calls are being made to colorado and nevada to get that last-minute vote out there. but so far, anyway, mood is upbeat for very obvious reasons. the early returns, the map all red for romney with the exception of vermont thus far. back to you. >> hampton pearson in boston for us tonight. thank you so much. >> maria, 7:30, got ohio closing, but in about 10 minutes time we have florida closed, we'll have pennsylvania closed, virginia still closed and too early to call. all the big battlegrounds on the eastern seaboard are going to be close. >> very close. >> when the waiting game begins. >> very exciting to watch as we wait for the results in ohio and florida. two states that if mitt romney were to be victorious here, he really needs those states. >> a lot of people agree. if n if florida does not fall to romney it might be an earlier night than we think. >> three states closing at the top of the
elsewhere across town in boston, at the boston gardens, there's a romney war room still in operation, making calls to presumably places where the polls have not closed. i'm sure a lot of phone calls are being made to colorado and nevada to get that last-minute vote out there. but so far, anyway, mood is upbeat for very obvious reasons. the early returns, the map all red for romney with the exception of vermont thus far. back to you. >> hampton pearson in boston for us tonight. thank you...
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Nov 7, 2012
11/12
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i appreciate you're still at 22% year-to-date. what does that tell you about floating on the stock market and interaction with the market? to have lost a quarter of the businesses value -- >> business hasn't lost a quarter of the value. the company is worth more today than last month than last year. it takes time for markets to catch up to true value of the company. we build a business for long-term. if we focus on tens of millions of users and tens of thousands of advertisers over long-term the stock price will take care of itself. >> you were the same with hot wire. doesn't necessarily mean that you have become the champion of the industry, does it, at the end of the day? >> we're all about empowering consumers with access to real estate information. >> you're trying to be the investor. >> if you took care of consumer over time, you'll take care of the investor. >> we've been talking fiscal cliff all day today and we'll talk about it for the next 54 days at least. how much are you focused on possibility we go over it and that ex
i appreciate you're still at 22% year-to-date. what does that tell you about floating on the stock market and interaction with the market? to have lost a quarter of the businesses value -- >> business hasn't lost a quarter of the value. the company is worth more today than last month than last year. it takes time for markets to catch up to true value of the company. we build a business for long-term. if we focus on tens of millions of users and tens of thousands of advertisers over...
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Nov 7, 2012
11/12
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this etf heavily weighted to tech, 22% of this is tech. financials at 14%. basically you buy this, are you betting things are going to go down in small caps. be careful, folks. as herb greenberg's warned you about many times, these ultra levered things, can you make money short term but you can also lose money quickly. that thing is still down 38% year to date. >>> a lot of things are getting smacked by a 27% sell-off i think is really getting smacked. >> getting hit in the solar -- >> plexus. >> bing. it sees sales to juniper selling off. juniper told plexus and the ceo saying i thought we had a good veelgsshi relationship. we usually bash analysts, deutsche bank downgraded the stock a few weeks ago. looks like a pretty doggone good call. >> this next game is boyd gaming. >> in news on boyd today but i threw it in here for this reason. lost in all the election was a bill in maryland that passed that allows full casino gambling. they're going to be opening up full casinos, big boy casinos, probably in the inner harbor. boyd co-owns casinos. i'm just throwing
this etf heavily weighted to tech, 22% of this is tech. financials at 14%. basically you buy this, are you betting things are going to go down in small caps. be careful, folks. as herb greenberg's warned you about many times, these ultra levered things, can you make money short term but you can also lose money quickly. that thing is still down 38% year to date. >>> a lot of things are getting smacked by a 27% sell-off i think is really getting smacked. >> getting hit in the solar...
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Nov 8, 2012
11/12
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>> a tv, 'emmerson, i believe. >> looking at 4-1 for the season. in terms of growth down from 56 last year. when's your view? 'we are looking for 3.5 to 4.5%. we put out the holiday preview today. 3.5% to 4% is total sales and that's for the publicly traded retailers and same store sales a 2% to 2.5%. i think it will be an okay season. i think walmart a big winner this holiday season. >> carl asked about this and to that point, you know, gets people in the stores but does it just fall forward? that person online wednesday night isn't that the person that would have gone a thursday at midnight instead? what degree does it encrease traffic and sales and then a question about what price because you're discounting everything and the margins go down. >> i think it's about extending the season longer for one. two, market share. if you're open when your competitor's not open it gets people in and buying and maybe get that item. if you're sold out of it you may 0 go to the come pet or the and find it there but i think it helps a little bit. you are right i
>> a tv, 'emmerson, i believe. >> looking at 4-1 for the season. in terms of growth down from 56 last year. when's your view? 'we are looking for 3.5 to 4.5%. we put out the holiday preview today. 3.5% to 4% is total sales and that's for the publicly traded retailers and same store sales a 2% to 2.5%. i think it will be an okay season. i think walmart a big winner this holiday season. >> carl asked about this and to that point, you know, gets people in the stores but does it...
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Nov 7, 2012
11/12
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>> reporter: the response in the room here at romney headquarters in boston is they are hearing word from the romney camp, the romney camp is not conceding ohio to barack obama. so they are clinging to the hope, contrary to all the projections and the calls by the other major networks, they're holding out saying if ohio is not in obama's column, barack obama has not yet been re-elected president of the united states. i have to tell you, though, that just happened within the last minute or so. but when all the projections came in and when the calls initially came in about 10 or 15 minutes ago, this room was stunned. that, number one, that it seemed that president obama closed so quickly in getting over the 270 electoral votes, but in the last minute or two, the buzz here in the room and words from senior campaign advisers including karl rove, that the romney campaign is not yet conceding ohio. that's what the hope is being hung on to here at romney headquarters here in boston. >> can they contest this? >> absolutely. and this -- i think this is big news what hampton pearson is reporti
>> reporter: the response in the room here at romney headquarters in boston is they are hearing word from the romney camp, the romney camp is not conceding ohio to barack obama. so they are clinging to the hope, contrary to all the projections and the calls by the other major networks, they're holding out saying if ohio is not in obama's column, barack obama has not yet been re-elected president of the united states. i have to tell you, though, that just happened within the last minute or...
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Nov 15, 2012
11/12
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north dakota was 4. %. now it's about 3% in the state. >> ralph, does he offer you any incentive to do this? >> no, he created a business environment that was friendly and conducive to giving us zoning and entitlement approvals. they created confidence in the community to really induce us to come in to take advantage of an incredible supply demand and balance in the marketplace. >> is there any other place in the country you're thinking about doing this? >> no, williston is the center of the balkan shale. they have a lot of confidence what we're seeing through our energy investments, private equity energy team in terms of the need of housing. >> this isn't temporary housing. this is a full-on, explain what you're doing. >> can we get an idea of the numbers, what to what? >> there are 12,000, 14,000 people five years ago and we're 25,000 permanents and probably another 10,000 temporaries. >> more than doubled. >> what do you see in the next five years? >> double again, maybe triple. >> the important thing to
north dakota was 4. %. now it's about 3% in the state. >> ralph, does he offer you any incentive to do this? >> no, he created a business environment that was friendly and conducive to giving us zoning and entitlement approvals. they created confidence in the community to really induce us to come in to take advantage of an incredible supply demand and balance in the marketplace. >> is there any other place in the country you're thinking about doing this? >> no, williston...
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Nov 19, 2012
11/12
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you think it will go 3% to 4%? >> that's reasonable at this prays. 16 to $21 dividend. 1060 it currently has. look at intel and payout ratio, you would have over 4% dividend on apple. >> are there signals that's imminent or coming in the next few quarters, months? >> yeah. the exact rate we don't know. but i think -- i would be shocked if we don't see different dends continue to rise over the next six to 12 months for sure. >> finally, any lingering concerns on your part regarding supply, whether it is with an iphone? all sorts of chatter today about the iphone 5s coming in the middle of next year. are they still able to deliver on promises they make? >> so, you know, swreenl changed numbers for december quarter on iphone 5. we have 39 million. but i will say apple stores are starting to get shipment and we talked about it briefly when i had -- ipad mini came out. that was at any time case month or three weeks ago. starting to prove for sure. i think what's going to happen is there will be a penitentiary-up demand
you think it will go 3% to 4%? >> that's reasonable at this prays. 16 to $21 dividend. 1060 it currently has. look at intel and payout ratio, you would have over 4% dividend on apple. >> are there signals that's imminent or coming in the next few quarters, months? >> yeah. the exact rate we don't know. but i think -- i would be shocked if we don't see different dends continue to rise over the next six to 12 months for sure. >> finally, any lingering concerns on your part...
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Nov 7, 2012
11/12
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the last stop before going to boston was in pittsburgh. would it have been your choice to make that final run into pennsylvania or would have you rather saved today to fortify an ohio or fortify a florida? >> no. go look at the numbers. on the map, go look at the number of places that romney was in ohio. we've been in ohio for months. we've only focused on pennsylvania in the last two weeks. that's only because it came in play. look, i'm telling you right now, my opinion we win. and it's not going to be close. i think the -- the turnout is enormous. they're talking about a turnout as much as 60% when typically we get 50%. >> that is one -- >> something is going on. something is going on in america tonight. americans aren't happy. americans are worried. americans know that there's tough times ahead and you need strong, vigorous and honest leadership and i think this is what romney has run a fabulous campaign for at least this last six weeks. >> all right. ken, great to have your insight. >> by the way, maria, he's a wonderful human being an
the last stop before going to boston was in pittsburgh. would it have been your choice to make that final run into pennsylvania or would have you rather saved today to fortify an ohio or fortify a florida? >> no. go look at the numbers. on the map, go look at the number of places that romney was in ohio. we've been in ohio for months. we've only focused on pennsylvania in the last two weeks. that's only because it came in play. look, i'm telling you right now, my opinion we win. and it's...
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Nov 21, 2012
11/12
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boston. the traditional destinations, they always get the most business on thanksgiving. that's why, for those who are looking for that last-minute getaway, yes, there are still people looking right now to get away on friday for the weekend, vegas. they got rooms going for $96, guys, because not many people associate thanksgiving and vegas together, therefore package deals are going very, very low this year. back to you, melissa. >> turkey and elvis is a good combination. >> we're on our way. >> sounds like phil has his ticket, the way he's talking. >> somebody will be on a parking garage roof by the end of it. phil, thanks so much. always good to see you. >>> let's get more insight on the state of the airline industry. michael boyd is an aviation analyst and president of the boyd group. good to see you. fact or fiction, it's actually busier around this time of year than normal? >> fiction. the crush isn't much of a crush anymore. last wednesday airplanes were full. this wednesday airplanes w
boston. the traditional destinations, they always get the most business on thanksgiving. that's why, for those who are looking for that last-minute getaway, yes, there are still people looking right now to get away on friday for the weekend, vegas. they got rooms going for $96, guys, because not many people associate thanksgiving and vegas together, therefore package deals are going very, very low this year. back to you, melissa. >> turkey and elvis is a good combination. >> we're...
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Nov 13, 2012
11/12
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d.c., new york, boston, and san fran. and the margin expansion in those markets beat even our prior estimates of where we might go. so the margins are continuing to expand as well. >> let me pick up on some of those metrics. a lot of people are very negative on the stock. i've got mkm partners. they think it will half in value to $4. they have a stock recommendation. on that question of margins specifically, you don't break out your fleet costs, do you? in the present environment, presumably you're making money, because that is theamic that, as you sell cars, they are -- it's a higher margin experience now than arguably it might be next year. >> there were three or four factors in our margin expansion, quite frankly. quite frankly, the vehicle sales and proceeds from sales was the smallest of the three or four i'm speaking of. so most of it came from improved utilization and other margins. we've dropped our costs quite a bit. we got into the asset-backed security markets half a year ago and rolled our entire fleet into th
d.c., new york, boston, and san fran. and the margin expansion in those markets beat even our prior estimates of where we might go. so the margins are continuing to expand as well. >> let me pick up on some of those metrics. a lot of people are very negative on the stock. i've got mkm partners. they think it will half in value to $4. they have a stock recommendation. on that question of margins specifically, you don't break out your fleet costs, do you? in the present environment,...
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Nov 7, 2012
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he may be in boston tonight with the romneys. democrats are meeting at mandolay bay. they are showing election results on the screens on the strip. a handful of people are stopping to watch what is going on. four years ago it voted for barack obama. of course one year later he told people he had that famous quip you can't take a trip to las vegas on the taxpayers' dime. both sides have spent millions and millions of dollars in this small state. las vegas alone has had more tv political ads than any city in the country. it is more than 73,000 ads. those will end tonight. >> and of course we are watching and waiting for the actual results in nevada. too early to call, but obama is leading at this point. >> well, we have to see. we are getting no official results yet from the secretary of state. the vast majority of votes here were cast early. more than half for the first time were cast early. within the half hour we should start to get the official results. >> jane, thanks to much. jim cramer joins us on set. some of the states are interesting. nevada one of the highest
he may be in boston tonight with the romneys. democrats are meeting at mandolay bay. they are showing election results on the screens on the strip. a handful of people are stopping to watch what is going on. four years ago it voted for barack obama. of course one year later he told people he had that famous quip you can't take a trip to las vegas on the taxpayers' dime. both sides have spent millions and millions of dollars in this small state. las vegas alone has had more tv political ads than...
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Nov 27, 2012
11/12
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shares down almost 22% in two days. simon? >> thank you very much. next, resolving the fiscal cliff. what could it mean for m & a? still ahead, as holiday shopping season kicks into high gear, find out why men might be the new women. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breath
shares down almost 22% in two days. simon? >> thank you very much. next, resolving the fiscal cliff. what could it mean for m & a? still ahead, as holiday shopping season kicks into high gear, find out why men might be the new women. you should know that axiron is here. the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially...
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Nov 6, 2012
11/12
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take a look at the nasdaq, also higher, on the last election day, november 4, 2008 you can the nasdaq gaped 3.1%. the dow, 3.3% and the s & p, 4.1%. get down to bob pisani you the floor of the new york stock exchange. bob what are the markets telling us about what is happening with the election? >> i see a classic risk-on trade that doesn't necessarily favor either candidate but some resolution of all of this. what do you see in a risk-on trade, what we are seeing today. look at the dollar index. you see the doll loar move down. put that dollar index up there you go happened a little after 11:30, sitting near the lows for the day, as you can see what are the characteristics in the stock market of the classic risk-on trade? commodity stocks moving up like energy and material stocks to the upside and see transports moving up as well. there are your market leaders, these are the classic risk on, industrials not shown here, nofgt upside. what is the market concerned about, the two things they are most concerned about? a short-term concern that there would be no whipper. wle long-term, con
take a look at the nasdaq, also higher, on the last election day, november 4, 2008 you can the nasdaq gaped 3.1%. the dow, 3.3% and the s & p, 4.1%. get down to bob pisani you the floor of the new york stock exchange. bob what are the markets telling us about what is happening with the election? >> i see a classic risk-on trade that doesn't necessarily favor either candidate but some resolution of all of this. what do you see in a risk-on trade, what we are seeing today. look at the...
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Nov 22, 2012
11/12
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i mean, the idea of 69 days here is terrifying. >> we're only 1/4 of the depth that they were, 1/4. you'd have to go down another 500 meters. and where they were, it was wet and humid. >> even under these conditions, the men maintained remarkable discipline. they voted on everything. they stuck to a daily schedule: a general meeting followed by a prayer service, then what they called dinner. franklin, who gained unprecedented access to the miners, has written a book called 33 men. he says the men always divided their food evenly, even when they were down to one teaspoon of tuna every 48 hours. but by day 16, he says, the miners were all starving and realized they'd have to eat the first man who died. >> they told me that they had a pot and a saw ready. >> do you think that the potential candidates knew who they were? >> one of the candidates told me that the guys had been joking, "hey, if you die in your sleep, you know, you're gonna be breakfast, lunch, and dinner." so those last few nights, he said he couldn't sleep. he was too afraid that if he died that his companions would end
i mean, the idea of 69 days here is terrifying. >> we're only 1/4 of the depth that they were, 1/4. you'd have to go down another 500 meters. and where they were, it was wet and humid. >> even under these conditions, the men maintained remarkable discipline. they voted on everything. they stuck to a daily schedule: a general meeting followed by a prayer service, then what they called dinner. franklin, who gained unprecedented access to the miners, has written a book called 33 men....
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Nov 6, 2012
11/12
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boston. phil you kind of got to stay home, don't you live there and poor hampton we had to send him there. you got the better deal, we'll start with you, phil. >> or not. >> we lost a little bit of phil lebeau's sound there. >> you know what, i could have gone to hampton first anyway and he's the one that traveled further, i should have just to defer to you, hampton. hopefully we can hear you. why don't you start. >> reporter: how are you doing, joe? number one the polls just opened a few minutes ago in boston, massachusetts, expecting something like a 70% turnout. governor romney wrapped up his last full day of campaigning in manchester, new hampshire, the four electoral votes are really up for grabs between him and president barack obama. romney basically reminding folks that this is where his campaign began 18 months ago, and making one last plea for their votes today. >> and tomorrow, your votes and your work right here in new hampshire will help me become the next president of the united
boston. phil you kind of got to stay home, don't you live there and poor hampton we had to send him there. you got the better deal, we'll start with you, phil. >> or not. >> we lost a little bit of phil lebeau's sound there. >> you know what, i could have gone to hampton first anyway and he's the one that traveled further, i should have just to defer to you, hampton. hopefully we can hear you. why don't you start. >> reporter: how are you doing, joe? number one the polls...
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Nov 7, 2012
11/12
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looking at wti oil futures are down about 4% below $85 a barrel. approaching the lowest levels that we've seen since july. we're looking at a sell-off across the board on the energy complex. gasoline futures at session lows right now. we are looking at prices that are anticipated to fall at the pump at least nationally despite the problems we continue to have here on the east coast. we could see prices below where they were a year ago for the national average by thanksgiving according to opus. gold holding up relatively well but still lower and the only bright side in the commodities market, wheat and corn due to production issues in argentina and australia. back to you. >> thank you, sharon epperson. >>> joining me know, kenny polkari. yesterday i asked you whether you would buy into the rally. you said absolutely not. nice call. we're down 283 points. what's the most important aspect to the market sell-off today? >> i think it is just the realization now that the election is over. there's no more talk about it. it is done. the focus once it goes
looking at wti oil futures are down about 4% below $85 a barrel. approaching the lowest levels that we've seen since july. we're looking at a sell-off across the board on the energy complex. gasoline futures at session lows right now. we are looking at prices that are anticipated to fall at the pump at least nationally despite the problems we continue to have here on the east coast. we could see prices below where they were a year ago for the national average by thanksgiving according to opus....
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Nov 13, 2012
11/12
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take a look at shares of microsoft, up about 4% in the last year. we have cnbc tech reporter jon fortt will join us in a little whirl with more on the story at 7:00. and the new york stock exchange anticipate as normal session today after trading in more than 200 stocks were suspended yesterday due to a technical problem with a server. stocks in question continued trading in other markets. and a little goldman sachs news. they will reportedly tap the smallest nuch executives in more than a decade to join it highly coveted partnership ranks. goldman exacted to announce the promotion of only about 70 employees to partner. roughly one third less than knows named back in 2010. >> did your buddy make it? i have to explain as -- greg smith didn't make it? >> no, he did not. >> are you sure he wasn't on the list? >> he was not on the list. i think that's one of the reasons he ended up writing that book. i believe he made have made more money writing that book than some partners made this year. >> you checked, he is definitely on the -- >> pretty confident
take a look at shares of microsoft, up about 4% in the last year. we have cnbc tech reporter jon fortt will join us in a little whirl with more on the story at 7:00. and the new york stock exchange anticipate as normal session today after trading in more than 200 stocks were suspended yesterday due to a technical problem with a server. stocks in question continued trading in other markets. and a little goldman sachs news. they will reportedly tap the smallest nuch executives in more than a...
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Nov 26, 2012
11/12
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after some gains for the three indices of around 3% to 4% over the course of last week. there is some profit taking going on right now. we did of course cross across some key technical levels as well on friday. we're back below 13,000 on the dow and just sitting right on that technical level of 1,400 for the s&p. >>> okay. that's the business side of things. let's get back to the fun. brian, why don't you explain to us first of all about what exactly this road trip is and the methodology of how you came up with the top three cities. >> well, really a team effort here, mandy. thank you very much. yeah, we didn't just randomly pick cities. because then we'd be in barbados or something. right? about a year ago we created city indexes. 23 different metro areas with the nine or ten biggest market cap companies in each area, equal weighted index and let them ride for a year. on october 31st, we went back and crunched all the data. threw out single best and single worst performing stocks because we wanted a little bit more of a clean result. right? didn't want to have one name
after some gains for the three indices of around 3% to 4% over the course of last week. there is some profit taking going on right now. we did of course cross across some key technical levels as well on friday. we're back below 13,000 on the dow and just sitting right on that technical level of 1,400 for the s&p. >>> okay. that's the business side of things. let's get back to the fun. brian, why don't you explain to us first of all about what exactly this road trip is and the...
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Nov 7, 2012
11/12
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and that left mitt romney to come out at his headquarters in boston and tell the republican faithful who were shocked and disappointed that he'd given everything he had. >> paul and i have left everything on the field. we have given our all to this campaign. i so wish -- i so wish that i had been able to fulfill your hopes to lead the country in a different direction. but the nation chose another leader and so ann and i join with you to earnestly pray for him and for this great nation. >> and so president obama in his acceptance speech or his victory speech after a victory that was more narrow than the one he won four years ago returned to the theme on which he burst on to the national stage in 2004 saying we're not red america, blue america, we're one united states of america. >> i believe we can seize this future together because we are not as divided as our politics suggest. we're not as cynical as the pundits believe. we are greater than the sum of our individual ambitions. and we remain more than a collection of red states and blue states. we are and forever will be the united s
and that left mitt romney to come out at his headquarters in boston and tell the republican faithful who were shocked and disappointed that he'd given everything he had. >> paul and i have left everything on the field. we have given our all to this campaign. i so wish -- i so wish that i had been able to fulfill your hopes to lead the country in a different direction. but the nation chose another leader and so ann and i join with you to earnestly pray for him and for this great nation....
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Nov 2, 2012
11/12
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it is now up $4. someone asked jim cramer on twitter, accused me of hyping the stock by saying that i thought it would go up. and then there is peabody energy. it was recommended to buy coal stocks aggressively because of the chart. i have been and remain conservative. it could be crushed by president obama. china is the growth market for peabody. big coal company. closed $29.28. it's been a remarkable run. the weirdest rally is tech. we have seen so many disappointments in tech, we forget how much of tech goes into china. huge market. so let's just say it was enough to reverse the trend of all of those stocks. they moved higher. it was as if they reported better, not worse than expected earnings. china provided the change at the margin to make this rally happen. china, not the u.s., which everyone knows is okay, and europe is getting much worse. when you get a number that breaks the fall of a huge economy like the one we got from china i i read about in zucotti park this morning, it spells growth. th
it is now up $4. someone asked jim cramer on twitter, accused me of hyping the stock by saying that i thought it would go up. and then there is peabody energy. it was recommended to buy coal stocks aggressively because of the chart. i have been and remain conservative. it could be crushed by president obama. china is the growth market for peabody. big coal company. closed $29.28. it's been a remarkable run. the weirdest rally is tech. we have seen so many disappointments in tech, we forget how...
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Nov 8, 2012
11/12
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boston clear as well. there's one heavy band of snow across massachusetts through hartford, across the long island sound and the l.i.e. has been socked all morning, commuting that way is not going to be any fun at all. talk about the snow that actually fell, though, and this snowfall total map is just ridiculous. we had a little bit over a foot east of toms river. newark, new jersey, came in with about six inches of snow, that's the earle eearlest they've ever snow. as for the winds, that's still blowing all that snow around, 20 to 30-mile-per-hour gusts out there right now. these are the peek gusts that we saw throughout the storm, close to 50 miles per hour for boston. so a nasty storm indeed. joe, back to you. >> yes, i did get a little bit of consolation that night that didn't come down last time probably -- you don't get wea n weakened, if you survived the last one. >> hundreds of thousands of people without power "god hates us" and "this sucks." >> trees were likely to come down and some of the leave
boston clear as well. there's one heavy band of snow across massachusetts through hartford, across the long island sound and the l.i.e. has been socked all morning, commuting that way is not going to be any fun at all. talk about the snow that actually fell, though, and this snowfall total map is just ridiculous. we had a little bit over a foot east of toms river. newark, new jersey, came in with about six inches of snow, that's the earle eearlest they've ever snow. as for the winds, that's...
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Nov 19, 2012
11/12
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>> we grew in the '90s 3% to 4% and most of the post-war period. 3% to 4% from this high unemployment would be disappointing. normally we'd bounce back from recessions growing 5% to 6%. >> it doesn't matter who is in the white house or what policies they're pursuing. >> i think it matters but i don't think it's the overwhelming feature. i think what has made this recovery so slow was the unprecedented housing collapse. just very important. >> you don't think it's regulation, uncertainty, you don't think it's any of those? >> they did a lot of good work but i'm not, they say when you get to 90%, things get tough i'm not sure that's right. some recent research has actually out of the federal reserve bank of cleveland, looking at rogoff reinhardt, they said the factor was there was a housing collapse, that was the defining principle and that's what we have. housing collapse that has been since the '30s. >> we were tying it all the way remember with bill clinton, becky, bill clinton realizes no matter what happens the next four years will be good, housing recovers, so if he doesn't make s
>> we grew in the '90s 3% to 4% and most of the post-war period. 3% to 4% from this high unemployment would be disappointing. normally we'd bounce back from recessions growing 5% to 6%. >> it doesn't matter who is in the white house or what policies they're pursuing. >> i think it matters but i don't think it's the overwhelming feature. i think what has made this recovery so slow was the unprecedented housing collapse. just very important. >> you don't think it's...
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Nov 3, 2012
11/12
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caller: here's a big las vegas booyah. >> staten island new york hey now forget about it booyah. >> boston. >> nashville. >> michigan. >> california. >> booyahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer weeknights. >>> tonight we have shown you how to look for signs of what to do with your portfolio over the long run. because the earnings report and the subsequent conference calls are the crucial thing. here's the deal. they don't have to be shoot first ask questions later experiences. actually the opposite. conference calls are ask questions, ask questions, then ask some more questions. and only then maybe take action. we are asking specifically about what the growth of the earnings per share might be and how expensive that would make the stock versus other stocks in the sector. and maybe other stocks in the market as a whole. usually regarded as being the s & p 500. we want questions answered about gross margins, whether they're going to be increasing. why we have to judge if earnings estimates might be beaten in the future. we are looki
caller: here's a big las vegas booyah. >> staten island new york hey now forget about it booyah. >> boston. >> nashville. >> michigan. >> california. >> booyahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer weeknights. >>> tonight we have shown you how to look for signs of what to do with your portfolio over the long run. because the earnings report and the subsequent conference calls are the...
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Nov 21, 2012
11/12
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$4 a pair. was she afraid of the police? not at all. "we have a good relationship with the cops," she said. and what do the chief cops in beijing say? we spoke to gao feng, deputy head of china's anti-counterfeiting police unit. from what we've seen, sir, counterfeiting is tolerated. obviously the authorities know about this, and yet, the shopping mall is open, the markets are open. >> [speaking foreign language] >> this phenomenon does exist. i admit its existence, but there's a question of how hard you crack down. that's because, under chinese law, someone cannot be prosecuted only because he sells a small quantity of fake products. >> in 2003, there were about 1,000 police raids, often followed by press conferences and displays of the seized goods. but american companies say that's what it amounts to: a display. that's because, unless a counterfeit really hurts people seriously, the fines imposed by the authorities are very low. and the relationship between the cops and the counterfeiters is
$4 a pair. was she afraid of the police? not at all. "we have a good relationship with the cops," she said. and what do the chief cops in beijing say? we spoke to gao feng, deputy head of china's anti-counterfeiting police unit. from what we've seen, sir, counterfeiting is tolerated. obviously the authorities know about this, and yet, the shopping mall is open, the markets are open. >> [speaking foreign language] >> this phenomenon does exist. i admit its existence, but...
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Nov 2, 2012
11/12
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caller: here's a big las vegas booyah. >> staten island new york hey now forget about it booyah. >> boston. >> nashville. >> michigan. >> california. >> booyahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer weeknights. from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> eastern earnings season -- tonight we have shown you how to look for signs of what to do with your portfolio over the long run. because the earnings report and the subsequent conference calls are the crucial thing. here's the deal. they don't have to be shoot first ask questions later experiences. actually the opposite. conference calls are ask questions, ask questions, then ask some more questions. and only then maybe take action. we are asking specifically about what the growth of the earnings per sha
caller: here's a big las vegas booyah. >> staten island new york hey now forget about it booyah. >> boston. >> nashville. >> michigan. >> california. >> booyahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer weeknights. from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide...
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Nov 21, 2012
11/12
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it is on across the country from new york city to boston and philly to los angeles. traffic is starting to build, folks. you're seeing live pictures of what it is looking like out there. we are getting you up to speed before you hit the road. >>> we're also getting you up to speed on what's happening in the markets where the dow did move up after the cease-fire announcement and is holding around session highs. this is a whole lot better than last year when the dow fell 4.8% during the thanksgiving week. it was the worst performance since the markets began observing the holiday in 1942. another factoid for you -- since 1950 the s&p 500 has been positive 77% of the time on the wednesday before thanksgiving and the bullish trend historically extends shortly after. >>> three big stock movers for you. scholastic, chipotle up its share buyback program and mylan getting a credit upgrade by both moody's and s&p. >>> a rare update for shares of hewlett-packard. one day after it leveled significant charges of accounting improprieties and a will full effort to mislead at the fo
it is on across the country from new york city to boston and philly to los angeles. traffic is starting to build, folks. you're seeing live pictures of what it is looking like out there. we are getting you up to speed before you hit the road. >>> we're also getting you up to speed on what's happening in the markets where the dow did move up after the cease-fire announcement and is holding around session highs. this is a whole lot better than last year when the dow fell 4.8% during the...
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Nov 21, 2012
11/12
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let's look around the country starting in boston. you see the roads. a lot of cars heading out of town. 43.6 million people traveling this thanksgiving weekend. that is a slight increase from last year. more people driving 50 miles since 2007. the national average for gasoline at $3.41. look at this image here. it is a little hard to tell but behind all of those plains that's the united states. and right now 5,000 flights are in the air according to the flights. the airlines are counting on a quiet thanksgiving to fuel fourth quarter profits. average domestic air fare at $180. fewest number of people flying however since 2009. when you have fewer seats which is what we have because capacity has been stripped out you have higher air fare rrs. you have seen air fares are up 16%. a as a lot of people talk about being thankful on thanksgiving. let's look at one airline stock you wanted to own. u.s. airways up 192%. not entirely because of the business but more because of the speculation. >> thanks so much. >> the latest on your travel for the weekend. >>>
let's look around the country starting in boston. you see the roads. a lot of cars heading out of town. 43.6 million people traveling this thanksgiving weekend. that is a slight increase from last year. more people driving 50 miles since 2007. the national average for gasoline at $3.41. look at this image here. it is a little hard to tell but behind all of those plains that's the united states. and right now 5,000 flights are in the air according to the flights. the airlines are counting on a...
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Nov 9, 2012
11/12
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if i could get a dividend yield, even at 4%, i'd like it. but for a lot of people, no. it's like maybe it is going to go to 40%. >> listen, i have read -- herb, you're sort of the etf guy around here. it could benefit etfs, could it not? there are some tax advantages certain etfs have over certain equities. >> that's what we don't know. >> that's the worry! >> let me ask it -- >> i'd rather have a bad known than this unknown. >> i'm sorry for production staffers going off the script. >> he's so worked up! >> more worked up last night when he thought the hokies were going to win. sorry. >> wow. wow. that was rough, jim! >> i was watching you. >> you can make fun of my -- >> you made me leave the colt game to go watch your name. he's a hokie. >> here's the question. at what point -- is there to your view a line on capital gains that is the no-line of where people sell. 15%, fine, we can deal with that. 5%? what's that line where you just stop owning stocks? >> apple $550. if you think it can go to $600, then at this level, at this level tax maybe you hold it. but if it go
if i could get a dividend yield, even at 4%, i'd like it. but for a lot of people, no. it's like maybe it is going to go to 40%. >> listen, i have read -- herb, you're sort of the etf guy around here. it could benefit etfs, could it not? there are some tax advantages certain etfs have over certain equities. >> that's what we don't know. >> that's the worry! >> let me ask it -- >> i'd rather have a bad known than this unknown. >> i'm sorry for production...
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Nov 6, 2012
11/12
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that all too familiar wind, up to 60-mile-an-hour gusts, anywhere from atlantic city northeastward to boston, but mostly on eastern long island, cape cod and the islands. that would be nantucket and martha's vineyard. so it is mostly a coastal influence when it comes to the wind and certainly not as bad as sandy, but there's also coastal flooding a possibility, minor tide tomorrow afternoon and the big wildcard i'm referring to a brief mix with heavy, wet snow which may bring renewed power outages even to the new york metro area tomorrow late afternoon and tomorrow night. so we will be taking a look at that as the day progresses. now, a chance of snow involved as well. >> todd gross, thank you very much. >>> and with much of new jersey still suffering in the aftermath of hurricane sandy, where and how to vote could be an issue for lots of people. my polling place was moved. kayla tausche is tracking that in the garden state. >> reporter: getting people to the polls is a major task here in the storm-ravaged state with hundreds in shelters hundreds of thousands still without power. an original
that all too familiar wind, up to 60-mile-an-hour gusts, anywhere from atlantic city northeastward to boston, but mostly on eastern long island, cape cod and the islands. that would be nantucket and martha's vineyard. so it is mostly a coastal influence when it comes to the wind and certainly not as bad as sandy, but there's also coastal flooding a possibility, minor tide tomorrow afternoon and the big wildcard i'm referring to a brief mix with heavy, wet snow which may bring renewed power...
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Nov 23, 2012
11/12
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and then i just came out again at 2:45. >> jpmorgan's matt boston is scouting multiple locations throughout the company. they said they were nice lines but fewer than what they saw last year. he also thinks macy's is the clear winner. from a mall in long island, they say traffic early stronger than last year. citi says target's electronics door buster deals did drive generally strong traffic. deutsche bank says crowds at walmart and target have been strong. while black friday will likely be a success for retailers, he doesn't believe it will be a game changer. customer growth partners craig johnson says generators at home depot and lowe's on the east coast sold out within 20 minutes. a bit of a different door buster type of deal. however, not entirely surprising with what we've just gone through with sandy and the upcoming winter. home depot shares trading at 12-year highs. lowe's at 5-year highs. google says when it comes to shopping related searches, jcpenney christmas is coming in number one, followed by walmart black friday card and home depro black friday hours. interesting data points
and then i just came out again at 2:45. >> jpmorgan's matt boston is scouting multiple locations throughout the company. they said they were nice lines but fewer than what they saw last year. he also thinks macy's is the clear winner. from a mall in long island, they say traffic early stronger than last year. citi says target's electronics door buster deals did drive generally strong traffic. deutsche bank says crowds at walmart and target have been strong. while black friday will likely...
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Nov 26, 2012
11/12
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well, a steep plunge today down about 4%. part of what's driving that selloff, forecasts for a warmer than expected winter. which could bring a drop in demand for nat gas. so the question now, is the top in for one of the most surprising and hottest trades? jim, let's start with you, pretty big drop today. what do you see in the future? >> well, okay, the market says it's because it's warmer than expected forecast. okay, that's fine with me. but keep it in perspective. we had a seven-month dramatic rally. these dominos are going to be exacerbated. we only have five weeks left in the year, so there's a chance of that. but i do think this is probably an opportunity to buy it. the fundamental story that's been pushing higher still exists. there was a huge collapse in rig count and only bounced from that small. there's not been a huge inventory build-up right now. to me, seems like the fundamentals are in place for nat gas to go higher. >> are there key levels traders need to be watching here? >> yeah, and a couple points before
well, a steep plunge today down about 4%. part of what's driving that selloff, forecasts for a warmer than expected winter. which could bring a drop in demand for nat gas. so the question now, is the top in for one of the most surprising and hottest trades? jim, let's start with you, pretty big drop today. what do you see in the future? >> well, okay, the market says it's because it's warmer than expected forecast. okay, that's fine with me. but keep it in perspective. we had a...
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Nov 14, 2012
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could we see quantitative easing 4 coming next year? it might be possible. >>> we'll also talk more about who will not be in the president's meeting with 12 ceos coming up in minutes. it is a big day. it is a big "rise above" "street signs." we're at the white house. back for you right after this. >>> if a budgets is not agreed upon to avoid the fiscal cliff, the average middle class family will pay almost $2,000 more in taxes. work hard for a better f. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ >>> if lawmakers allow the payroll tax to expire, federal taxes will be raised on more than 120 million households. >>> while the president was speaking, the federal reserve released their minutes. cnbc's steve leisman is here
could we see quantitative easing 4 coming next year? it might be possible. >>> we'll also talk more about who will not be in the president's meeting with 12 ceos coming up in minutes. it is a big day. it is a big "rise above" "street signs." we're at the white house. back for you right after this. >>> if a budgets is not agreed upon to avoid the fiscal cliff, the average middle class family will pay almost $2,000 more in taxes. work hard for a better f....
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Nov 22, 2012
11/12
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he was a college dropout working in boston, and one day he spotted a magazine announcing a new small computer called the altair. he ran to show it to his friend gates, then at harvard. >> i said, "here, look at the magazine! this is computer we've been waiting for." >> this is how the pc--the idea that we all have these computers--this is how it started. >> yeah, and it's amazing to think, back then, nobody had personal computers. i mean, there were computers in universities and in research labs and in corporations, but nobody had personal computers. >> allen's idea was to write software that would enable the altair to work as well as those large computers. >> and so we called up the company that made it and said, "well, we can demonstrate this software for you very quickly. are you interested?" and they said, "sure, if you can really show up and demonstrate it." >> did you have software? >> no. no. >> you had nothing. >> we had nothing. >> so they spent the next eight weeks at harvard feverishly writing code, but without an altair to test on. allen writes that because gates looked l
he was a college dropout working in boston, and one day he spotted a magazine announcing a new small computer called the altair. he ran to show it to his friend gates, then at harvard. >> i said, "here, look at the magazine! this is computer we've been waiting for." >> this is how the pc--the idea that we all have these computers--this is how it started. >> yeah, and it's amazing to think, back then, nobody had personal computers. i mean, there were computers in...
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Nov 2, 2012
11/12
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they were buying options that expire today at 4:00 eastern time, they expire today. they were buying those options just yesterday in front of the number. they got their move. they were trading for a nickel today. they traded over 40 cents. we know there's a lot of luck enough. if you were lucky enough to catch some of that move, you wanted to take some of that off. there are enough uncertainties out there when you look to next week that i think certainly a lot people want to at least take off some of their risk right now. the volatility is back down to the lower end. we were just up above 18. here we are back below 17 and just hovering in that area. >> guys, steve, thanks so much. >> i just don't think the growth is strong enough to be able to get these guys to say i'm going to trade upside on the economy before i know the impact of sandy. we've had somewhat stronger growth, not enough to make you feel good about a position. >> thanks so much. coming up, our top three trades including some online high flyers today. blinked in is one of them. tease you there. >>> plus
they were buying options that expire today at 4:00 eastern time, they expire today. they were buying those options just yesterday in front of the number. they got their move. they were trading for a nickel today. they traded over 40 cents. we know there's a lot of luck enough. if you were lucky enough to catch some of that move, you wanted to take some of that off. there are enough uncertainties out there when you look to next week that i think certainly a lot people want to at least take off...
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95
Nov 22, 2012
11/12
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i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. i gave bfive days later,ter i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> here is a serious conundrum. how on earth are you supposed to pick stocks for the long haul when sectors are constantly going in and out of style on the wall street fashion show? when that's not the way this game has started to work anymore? there are very few stocks you can keep on riding higher and higher, year after year. but when you find them, they're the holy grail of investing. and those don't go in and out of vogue, to stick with the fashion show analogy. all right. like i told you before, there is no such thing as a stock you can own forever. that's the essence of the kind of buy and hold thinking that has lost so many people such hu
i don't leave the shop anymore. [ male announcer ] get a 4-week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. i gave bfive days later,ter i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer ] be sure to talk to your doctor before you begin an aspirin regimen. [ woman ] learn from my story. >>> here is a serious conundrum. how...
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66
Nov 28, 2012
11/12
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boston said it was slower. then have you new york and philadelphia attributing weakness to hurricane sandy. >>> districts reported concern and uncertainty over the fiscal cliff. that's another theme that runs through this report along with sandy. consumer spending grew modestly. manufacturing however weakened or in some cases even contracted so that dual track economy of the economy doing okay but the manufacturing sector not is a theme in this report. slice gains in residential and commercial real estate. tight inventories out there for housing. demand was higher for mortgages and auto loans and credit quality overall appeared to improve. small business loan was weaker to only moderately higher. that sector continues to be troubled. there were moderate gains in hiring with employment up in half of the 12 districts. wage and price pressure was subdude. let me get specific about the effects of hurricane sandy from the beige book. they found freight shipments were disrupted as far away as cleveland with a cloud h
boston said it was slower. then have you new york and philadelphia attributing weakness to hurricane sandy. >>> districts reported concern and uncertainty over the fiscal cliff. that's another theme that runs through this report along with sandy. consumer spending grew modestly. manufacturing however weakened or in some cases even contracted so that dual track economy of the economy doing okay but the manufacturing sector not is a theme in this report. slice gains in residential and...
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253
Nov 21, 2012
11/12
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eye 253
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>> here is a big las vegas ding ding ding ching ching ching binge binge binge boo-yah. >> boston, nashville,. >> michigan. >> california. >> alaska. >> boo-yahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer, week nights on cnbc. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. this is america. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office.
>> here is a big las vegas ding ding ding ching ching ching binge binge binge boo-yah. >> boston, nashville,. >> michigan. >> california. >> alaska. >> boo-yahs come from all across america. let cramer help you channel yours. "mad money" with jim cramer, week nights on cnbc. [ male announcer ] this december, remember -- you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the...
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203
Nov 6, 2012
11/12
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eye 203
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in total it amounts to about 4% of the u.s. gdp. at the end of the day, there will be negotiations and you probably end up with something which at most i think would be 1.5% of gdp of fiscal consolidation appearing in the first half of next year. but that would still be a lot. it could be diluted down. a lot depends on the results that we will get and let's hope that we get clear results and we don't run into a situation where we're looking at legal challenges and prolonged uncertainty on that front. because there will still be a lot of uncertainty over how the next congress will be engaging in the negotiations on the fiscal side. >> on to that point, your house view is that it's more likely about if obama is reelected that the u.s. goes over the cliff basically because tax rates go up and it will be easier for him to bring them down, easier for the gop to turn around and say it's bringing them down because a lot of members have pledged not to let rates go up. but you say if this happens, could you see the ten year rally to 1.5%, th
in total it amounts to about 4% of the u.s. gdp. at the end of the day, there will be negotiations and you probably end up with something which at most i think would be 1.5% of gdp of fiscal consolidation appearing in the first half of next year. but that would still be a lot. it could be diluted down. a lot depends on the results that we will get and let's hope that we get clear results and we don't run into a situation where we're looking at legal challenges and prolonged uncertainty on that...
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Nov 28, 2012
11/12
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eye 184
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obama will meet with the second group of ceos at 4:45 p.m. to get their input on how to solve the crisis. the group will include brian roberts, and yahoo!'s marisa meyer. for more, we're joined now by charles deebel. the president meeting today over the fiscal cliff. really the reason for the underperformance we've seen, not just in u.s. equities, but actually worldwide overnight. >> i think so, i think there's really a reevaluation with respect to europe going on as well, and having had a greek solution. and then they start to look at the rest of the eurozone, particularly spain. so you deal with one issue, but there are still plenty more stacked up behind. so that didn't help. but yeah, those comments clearly not constructive. it is the number one problem now having got to greece effectively out of the way, spain is on the back burner. the u.s. fiscal cliff is the worry at the moment. >> for all the time we've already spent talk about it, the reaction seems to reflect the fact that an assumption that they will reach a deal is priced in and
obama will meet with the second group of ceos at 4:45 p.m. to get their input on how to solve the crisis. the group will include brian roberts, and yahoo!'s marisa meyer. for more, we're joined now by charles deebel. the president meeting today over the fiscal cliff. really the reason for the underperformance we've seen, not just in u.s. equities, but actually worldwide overnight. >> i think so, i think there's really a reevaluation with respect to europe going on as well, and having had...
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Nov 1, 2012
11/12
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eye 156
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$4. you're having increased demand, you're starting to see some weather patterns coming this. >> there is still a lot of natural gas out there, i mean how cold does it have to get? are you anticipating and do the models show you that it's going to be a very cold winter? >> even if it does show there's a cold winter, do the reverse last summer. hottest on record. my thought is maybe about $4.25. there's not enough cold out there to use all this gas. >> how do you come in and trade based on what has happened in this region, oil or natural gas. >> you don't hold that position very long, you just get in and out real quick. >> there you have it, melissa, back to you. >> thank you sharon epperson and thank you john woods. >> we're just one hour of trading, since hurricane sandy shut down the financial markets. a rally on wall street. let's bring in art cash and by rally, we mean a 1% gain on the dow. what can you tell us about how today stacks up against yesterday the first day? >> we're having
$4. you're having increased demand, you're starting to see some weather patterns coming this. >> there is still a lot of natural gas out there, i mean how cold does it have to get? are you anticipating and do the models show you that it's going to be a very cold winter? >> even if it does show there's a cold winter, do the reverse last summer. hottest on record. my thought is maybe about $4.25. there's not enough cold out there to use all this gas. >> how do you come in and...
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Nov 29, 2012
11/12
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eye 263
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a lot of viewers are kind of drunk by thousand. >> i'll toast with them. >> are you up in boston? >> springfield, mass. mostly bonds. we specialize in corporate bonds, real estate. >> so what are you doing about the fiscal cliff? >> we think it's actually a good thing because it's addressing something in our country that's gotten out of control. step back the last five years, september 2007, we crossed $9 trillion in debt. thousand we're at $16.2 trillion to $16.3 trillion four years later. five years later. deficits of 1.25 trillion for the last five years. so we have a problem in our country that really needs to be resolved. we've become addicted to stimulus really through deficit spending, through 0% interest rates. >> how are you investing around this? >> we're comfortable investing in corporate bonds. bond spreads have tightened, but investors still being paid on a reasonable basis. we have structured products like clos. >> do you care if we go over the cliff? >> it's a concern, but i think it's actually not that much of a concern to me, no. >> so it's okay? >> we look at the
a lot of viewers are kind of drunk by thousand. >> i'll toast with them. >> are you up in boston? >> springfield, mass. mostly bonds. we specialize in corporate bonds, real estate. >> so what are you doing about the fiscal cliff? >> we think it's actually a good thing because it's addressing something in our country that's gotten out of control. step back the last five years, september 2007, we crossed $9 trillion in debt. thousand we're at $16.2 trillion to $16.3...